Avesoro Res. Share Discussion Threads

[targatarga] 30/11/2015 09:41

mano river reminds me of the nile cruises, rip offs and dodgy do do's

[parthus] 30/11/2015 09:35

Far-sighted and clear thinking..... dear oh dear

[deltrotter] 30/11/2015 09:30

Thanks Parthus, I wish that were true - if it was I wouldn't be posting on BB's.

I hope all is well with you.

Cheers

Del

[tsmith2] 30/11/2015 09:29

SHG much better option imo..

[parthus] 30/11/2015 09:20

Delrotter is the smartest investor in the country.

[bsg] 30/11/2015 08:48

... and when gold hits $800 C&M.

[sleveen] 30/11/2015 08:36

Lots of operational delays yet to come (look at SHG for example) before steady state production IMV. price down to 3p more than likely.

[blueball] 30/11/2015 08:36

Plenty of time to buy @2p.

[tsmith2] 30/11/2015 08:34

will have plenty of opp to buy at 5p or better..

[rollthedice] 30/11/2015 08:25

OUCH!! Might as well wait til it drops back to 5p then decide.

---

I certainly would wait for this initial bounce to peak and fade before deciding an entry price, if you were so inclined. Pretty much every day we're seeing examples of why holding rather than trading AIM stocks is a mugs game.

[bsg] 30/11/2015 08:22

I expect some new options will be due soon, just to rub salt into the wounds.

[bsg] 30/11/2015 08:21

Similar price now to the Mano split, who would of thought that. 40p seems pipe dream, now. I guess a lot of forward selling went on, now there getting 40-50% for them. It will probably go under 5p soon. Doom and gloom.

[robrah] 30/11/2015 08:21

As per usual reading f*^* up

[soulsauce] 30/11/2015 08:15

OUCH!! Might as well wait til it drops back to 5p then decide.

[nav_mike] 30/11/2015 08:14

Amazing how they managed to rack up $20m trade payables when the mine isnt even up to spec yet..

....and to think, didnt this project/funding win some kind of award a while back lol

[deltrotter] 30/11/2015 08:06

BUT - is it worth buying now? I have to think it is....

[deltrotter] 30/11/2015 08:04

Crikey! Sorry to see this guys. I sold my holding at 90p years ago.

A lesson truly learned for me. How quickly the market can turn.

[tsmith2] 30/11/2015 08:02

Creates a massive overhang too - see POG and LMI for just how long it takes for these to work through...you'll have plenty happy to bank 10-15% gains..

[tsmith2] 30/11/2015 07:59

This is particularly galling when one considers that the full mine operating production declaration at New Liberty is just 5 or 6 weeks away!!Is that a certainty? Doubt it..

[rollthedice] 30/11/2015 07:58

Jeez I expected a placing but not at a c60% discount. This just destroys any short term uplift from financing issue being addressed.

[tsmith2] 30/11/2015 07:54

PI's shafted....

[rapiddave] 30/11/2015 07:39

Nightmare! figured a placing would be needed to meet debt payment and pay for equipment onsite but the terms of this financing... The break even costs including debt repayment require gold at $1050.. We now have 10% more debt, less equity and at current gold price levels were unable to service the existing debt before this addition